After making a blog about how to invest $500 and getting requests for this one I thought I’d take it one step further and write about how to invest $100.
To be honest, it’s going to be hard to turn $100 into any reasonable amount in any market.
Here’s how to invest $100.
I’m going to sound like a broken record with the first one…
#1.) Invest in yourself! Your knowledge can earn you a whole lot more than 5% on $100.
$100 can you get an online course or a lot of books on whatever topic you’re wanting to learn.
Enough said about that.
#2.) The other option you have is investing into 3-4 stocks with no expectations of solid returns but to learn how the markets work.
It’s unreasonable to expect to earn $1000 from $100 but by walking through the process of researching companies, picking stocks based on your research and investing actively you’ll learn more than $100 worth of market lessons.
#3.)Pay off debt
Take that $100 and start digging into your debt, you’ll thank yourself later.
#4.) Flip purchases on sites like e-bay and amazon.
This is slowly gaining more and more popularity.
Shop at stores like Marshalls and Wal-Mart, find cheap products, scan the product with the amazon app to see what they’re selling for online, and you can make a quick buck with your $100.
I hope these ideas helped you! If they did, subscribe at the bottom of this page (: